A bill introduced in both the Senate and House on Tuesday would slash patent protections for exterior vehicle replacement parts to 2.5 years in an effort that proponents say will promote competition and fight alleged automaker monopolies that drive up vehicle repair costs.
Chinese billionaire Ng Lap Seng urged a Manhattan federal judge Tuesday to delay his upcoming trial over allegations that the real estate developer bribed United Nations officials, saying his team needs time to sift through thousands of documents produced by federal prosecutors.
Buyers of sheet metal who sued manufacturers over allegations of auto parts price-fixing asked a Wisconsin federal judge on Tuesday to sanction a company for failing to retain new counsel by a court-appointed deadline after letting go attorneys from Buchanan Ingersoll & Rooney PC.
U.S. District Judge Richard M. Berman on Wednesday ordered Ben Brafman, lead counsel for a Turkish banker accused of fraud, to produce copies of retainer agreements the high-profile defendant has made with former New York City Mayor Rudy Giuliani and former U.S. Attorney General Michael Mukasey.
The European Union's chief Brexit negotiator said Wednesday that the U.K.’s proposal for parallel talks on its exit from the EU and a future trade agreement is “very risky” and could hamper the final terms of any possible transition periods.
An Alaskan offshore oil and exploration company has agreed to pay a $10 million penalty for using a foreign-flagged ship to transport a drilling rig between U.S. ports in what marks the largest such penalty under the federal Jones Act, according to an announcement from U.S. officials Tuesday.
Kara Brockmeyer, the head of the U.S. Securities and Exchange Commission unit dedicated to enforcing the Foreign Corrupt Practices Act, is leaving after 17 years, the agency announced on Tuesday.
Importers of vitamin C urged the U.S. Supreme Court to reverse a Second Circuit decision siding with Chinese manufacturers accused of price-fixing, contending Monday that the ruling provides a “‘get out of jail free’ card” to foreign companies whose governments come to their defense.
As nations grapple with complicated legal and political ramifications of big international data, an expert from a tech think tank told the U.S. International Trade Commission on Tuesday that recent efforts by governments to require businesses to keep data in-country range from misguided to disingenuous.
The Senate Finance Committee has scheduled an executive session for Thursday to discuss Robert Lighthizer’s nomination to serve as the United States trade representative, Committee Chairman Orrin Hatch, R-Utah, said on Tuesday.
A California federal judge agreed Monday to dismiss a “Made in the U.S.A.” labeling class action after the fashion company under fire and the consumers suing it hit a dead end in seeking settlement approval and California's legislature relaxed its standards for American-made labels.
The Aerospace Industries Association on Monday leaned on the Trump administration to begin filling the three vacancies on the U.S. Export-Import Bank’s board, stressing the need for the embattled export credit agency to resume financing high-value deals.
U.S. District Judge Richard M. Berman said Tuesday he believes he has the power to decide if Turkish banker Reza Zarrab's move to hire former New York City Mayor Rudy Giuliani and former U.S. Attorney General Michael Mukasey is proper, even though neither of the prominent lawyers plans to make a court appearance.
U.S. and European Union leaders will carefully scrutinize the newly instituted Privacy Shield data transfer agreement for the first time in September, a review that could lead to changes to the mechanism that Google, Facebook and scores of others have already signed up to use, a top EU official said Friday.
LG Electronics Inc. has filed complaints against Blu Products Inc. at the U.S. International Trade Commission and in Delaware federal court, alleging the seller of unlocked smartphones is infringing five patents covering its LTE communications standard.
A D.C. federal judge has largely refused a bid by Petróleo Brasileiro SA, or Petrobras, to dismiss claims by investment funds managed by EIG Global Energy Partners LLC regarding an alleged bribery scheme for drillship construction contracts.
Krill oil harvesting rivals Neptune and Enzymotec on Monday announced a $1.63 million settlement of their long-running patent infringement battle, with the companies agreeing to a cross-licensing deal.
A D.C. federal judge ordered the U.S. Department of Justice on Friday to show him reports on Siemens AG's Foreign Corrupt Practices Act compliance efforts, ruling that the government had not entirely justified denying a corporate monitor's reports to a nonprofit media organization.
After months of consultations and procedural stalls, the World Trade Organization on Monday formed a panel that will decide whether the European Union’s failure to deem China a market economy in its anti-dumping probe violates the terms of Beijing’s WTO accession.
Relatives of people allegedly tortured and killed by a Colombian paramilitary group urged a Florida court on Friday to toss Chiquita Brands International Inc.'s defenses that it paid off the terrorist group under duress and that the payments were made by its former Colombian subsidiary and not the parent firm.
The Third Circuit's recent decision in the Vehicle Carrier Services Antitrust Litigation affirms that the Shipping Act of 1984 preempts both state and federal antitrust claims. The court’s decision fits comfortably into a line of U.S. Supreme Court decisions that reflect considerable concern that state antitrust laws not be allowed to interfere with regulatory regimes established by Congress, say attorneys with K&L Gates LLP.
In the last 20 years, there has been a movement to recognize a responsibility by business enterprises to respect human rights in the conduct of their economic activity and to hold business accountable when human rights abuses do occur. Skadden partners review the range of divergent proposals for an enforcement mechanism.
Most legal and business leaders know that internal culture — including tone, operating style, standard of behavior and shared values that guide employee decisions — can make or break a firm. An internal audit can assess a firm's culture and identify potential issues within the organization, says Justin Gwin of Kaufman Rossin PA.
While there may be economic or regulatory barriers that continue to favor manufacturing abroad, there is at least one legal barrier the new administration can address that currently places U.S. generic pharmaceutical manufacturing at a disadvantage, according to Frederick Rein and Aviv Zalcenstein of Goodwin Procter LLP.
For decades, law firms have taken on considerable expense to acquire or rent opulent office space, often with the intention of signaling seriousness and reliability to their clients. But more recently, solo practitioners and established firms alike have started breaking tradition, says Philippe Houdard, co-founder of Pipeline Workspaces.
Over the past year, we have seen an increase in requests from U.S. Department of Justice prosecutors for companies to defer interviewing their employee witnesses until after the government has had an opportunity to do so. These “deconfliction” requests raise a number of issues for companies who want to cooperate with the government’s investigation, say Lanny Breuer and Mark Finucane of Covington & Burling LLP.
If today’s law firms are willing to rethink their perceptions of millennials, they may see greater success in attracting and retaining new talent by giving the younger generation the kind of retirement planning benefits they want and need, says Nathan Fisher of Fisher Investments.
Many aspects of the whistleblower retaliation case against Bio-Rad Laboratories brought by former general counsel Sanford Wadler — including Wadler’s sizeable recovery and a series of plaintiff-friendly decisions — bring to the forefront significant issues relevant to public companies, directors and other corporate stakeholders, say attorneys with Cleary Gottlieb Steen & Hamilton LLP.
With the increased popularity of enterprise risk management in multinational companies, executives are asking employees to redefine their roles. Robert Ginsburg, founder of RBG Global, explores how some of the most insidious cross-border risks fall through the cracks and decimate investments — and how lawyers and ERM can catch them before they manifest as losses.
A sobering series of decisions from New York federal courts has made clear that the valued benefits of confidentiality attendant to arbitration will almost assuredly be rendered ineffectual if and when recognition and enforcement is sought in New York, says Jonathan Tompkins of Shearman & Sterling LLP.